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Enbridge ( TSX:ENB ) and Canadian Natural Resources ( TSX:CNQ ) are leaders in their respective sectors of the energy industry. Investors seeking passive income are wondering which TSX energy stocks might be good to help diversify their portfolios today. Energy outlook The rebound in the energy sector should continue over the medium term, even if the Canadian and U.S. economies hit a rough patch in the next 12-18 months. Why? Domestic fuel demand is expected to be robust, as airlines ramp up capacity to serve the post-covid travel surge and office workers who spent the better part of the past three years working from home head back to in-person meetings with the boss. These trends should drive the need for more jet fuel and gasoline. On the global front, the war in Ukraine has forced countries to turn to Canada and the United States for reliable supplies of natural gas and oil. The export of liquified natural gas (LNG) is expected to rise in the coming years. Oil and natural gas producers in Canada should reap the benefits through higher prices and larger volume sales. The energy infrastructure players that move the products from the production sites to […]
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